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VSSL — Vardhman Special Steels News Story

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India's Vardhman Special Steels gains after quarterly profit doubles

BUZZ-India's Vardhman Special Steels gains after quarterly profit doubles

** Shares of Vardhman Special Steels VARM.NS rise 3.2% to 313 rupees

** Iron & steel products maker's Q1 profit more than doubled y/y, revenue rises 12.1% y/y

** Trading volume at 1.1 mln shares so far, more than 12x 30-day average; busiest day since April

** YTD, VARM up about 10%

($1 = 96.5300 Indian rupees)


(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

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